Company
Economists, tech leaders warn AI could bring ‘large-scale job displacement’ and other risks
Many of the smartest people in the world warned governments, companies and people Monday that they need to be ready for the deep impact that artificial intelligence is going...
Billionaire exodus? California drew 10 times more venture capital than any other state this year
Despite concerns that California’s costs and regulations are bad for business, the state has attracted an unprecedented pile of capital this year, and no other state is even close....
Xbox cuts 3,200 jobs as gaming business struggles
Xbox is hitting the reset button.Microsoft’s video game division plans to eliminate 3,200 jobs, or around 20% of its staff, over the next year as part of a sweeping...
China-backed AI tool behind fake Brad Pitt fight making Hollywood inroads
Earlier this year, a widely circulated 15-second AI-generated video of Brad Pitt fighting Tom Cruise on a rooftop sparked outrage across Hollywood. One screenwriter called the cinematic clip “terrifying.”...
After Amazon drops OpenAI movie ‘Artificial,’ film finds new home at Neon
A Hollywood portrayal of OpenAI Chief Executive Sam Altman portrayed by actor Andrew Garfield will be released later this year, after Amazon MGM Studios dropped the movie.“Artificial,” which chronicles...
Cisco to lay off more than 400 workers in California
San José tech company Cisco plans to cut 471 workers in three Bay Area offices, according to layoff notices filed to a state agency.The company, which provides networking devices...
Snap sued by parents of girl who was raped by man she met on Snapchat
Social media company Snap is being sued by the parents of a girl who was raped when she was 12 years old by a man she met on disappearing...